Tag Archives: googl

Will Spotify Be Next To Challenge YouTube Web Video?

Soon Spotify might not be just for music streaming anymore. The privately held company is rumored to be about to springboard into the competitive Web video business, right along with Google’s (GOOGL) YouTube and a host of ambitious startups. Spotify is in talks with several digital media players about potential partnerships, according to a report in Thursday’s Wall Street Journal On Thursday, Sweden-based Spotify announced a news media event for

Facebook Virtual Reality, Oculus Revenue Seen Rising

Facebook (FB) will rake in $800 million in revenue from Oculus, its virtual reality arm, by 2018, and Apple (AAPL) is likely to make its own VR play with iPhone-compatible goggles, a UBS market forecast says. VR hardware sales will boom to $6.7 billion in 2020, while software-application sales reach $3.3 billion, forecasts UBS. UBS expects Apple to join Facebook, Google (GOOGL), Microsoft (MSFT), Samsung, Sony (SNE) and Taiwan-based HTC in a VR

Apple’s music service talks spark antitrust concerns

Apple (AAPL) is raising hackles among competitors in the streaming music sector because of its talks with record labels aimed at ending free streaming tiers at rivals like Spotify. Apple has been pushing major music labels to discontinue their free-music-streaming licenses with Spotify ahead of the launch of Apple’s new paid-streaming-music service, the Verge reported. Apple also has targeted Google’s (GOOGL) YouTube music service for similar action, the report said. Apple’s activity has attracted the attention of the U.S. Department of Justice and the Federal Trade Commission, the Verge said. The regulatory agencies are concerned that Apple’s business practices in the music space might be anticompetitive. In July 2013, Apple was found guilty of violating federal antitrust law for conspiring with top book publishers to raise e-book prices by getting them to change their contract terms with market leader Amazon.com (AMZN). Apple worked with the publishers ahead of the launch of its e-book store and iPad tablet…